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Pound Sterling Price News and Forecast: Pound Sterling prints a fresh three-week low amid cautious sentiment

BoE Preview: Forecasts from 10 major banks, 25 bps or 50 bps? That is the question

The Bank of England (BoE) will announce its Interest Rate Decision on Thursday, August 3 at 11:00 GMT and as we get closer to the release time, here are the expectations forecast by the economists and researchers of 10 major banks. Read More...
 

Pound Sterling prints a fresh three-week low amid cautious sentiment ahead of BoE

The Pound Sterling (GBP) remained subdued on Wednesday as investors await the interest rate decision by the Bank of England (BoE), which will be announced on Thursday. The GBP/USD pair attempts a recovery move after retracing more than 60% from its July high as one league of investors believes that the central bank could remain hawkish beyond expectations. Read More...
 

GBP/USD: Still scope for a move to 1.2720 – UOB

GBP/USD could still slip back towards the 1.2720 region in the near term, according to Markets Strategist Quek Ser Leang and Senior FX Strategist Peter Chia at UOB Group. Read More...

GBP/USD

Overview
Today last price1.2723
Today Daily Change-0.0053
Today Daily Change %-0.41
Today daily open1.2776
 
Trends
Daily SMA201.29
Daily SMA501.2713
Daily SMA1001.2567
Daily SMA2001.23
 
Levels
Previous Daily High1.2841
Previous Daily Low1.2741
Previous Weekly High1.2996
Previous Weekly Low1.2763
Previous Monthly High1.3142
Previous Monthly Low1.2659
Daily Fibonacci 38.2%1.278
Daily Fibonacci 61.8%1.2803
Daily Pivot Point S11.2731
Daily Pivot Point S21.2686
Daily Pivot Point S31.2631
Daily Pivot Point R11.2832
Daily Pivot Point R21.2887
Daily Pivot Point R31.2932
 

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FXStreet Team

Composed of a group of economic journalists and FX experts, the FXStreet content team produces and oversees all content published on FXStreet. It provides a purely journalistic approach to the Forex market.

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GBP/USD remains on the back foot in the latter part of Tuesday’s session, sliding to the sub-1.3200 area and challenging weekly lows. Cable’s decline comes as investors assess the political uncertainty in the UK, coupled with softer-than-expected UK PMI data and the better tone in the Greenback.

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